trending Market Intelligence /marketintelligence/en/news-insights/trending/uzfMr0MJST-UMJbzf8yT_g2 content esgSubNav
In This List

Transocean unit prices $750M senior note offering

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Research Brokers Accelerate Their Coverage of Electric Vehicles

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms


Transocean unit prices $750M senior note offering

Transocean Inc., a subsidiary of Swiss driller Transocean Ltd., priced a previously announced offering of $750 million senior unsecured notes due 2027.

The notes will bear an interest rate of 8.0% per year, according to a Jan. 8 release. Proceeds will be used to refinance, repurchase or redeem debt in one or more transactions and for general corporate purposes.

The offering is expected to close on Jan. 17, subject to customary closing conditions.